Value of 1977 Euro (Luxembourg) today

€100 in 1977

€322.03 in 2019

The inflation rate in Luxembourg between 1977 and today has been 222.03%, which translates into a total increase of €222.03. This means that 100 euro in 1977 are equivalent to 322.03 euro in 2019. In other words, the purchasing power of €100 in 1977 equals €322.03 today. The average annual inflation rate has been 2.76%.

Inflation timeline in Luxembourg (1977-2019)

The following chart depicts the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1977-2019) 221.7%
Total Inflation* 222.03%
Annual inflation avg. (1977-2019) 2.82%
Annual inflation avg.* 2.76%
CPI 1977 32.43
CPI 2019 104.32
CPI today* 104.43
€1 in 1977 €3.22 in 2019

* Values extrapolated from the last official data to obtain today's values.

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: FV = PV (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €100 worth today. There are 42 years between 1977 and 2019 and the average inflation rate has been 2.7571%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)42 = €321.7

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1977 was 32.43 and the CPI today is 104.43. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/32.43
= €321.7

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1977 €3.22 euro today
€5 euro in 1977 €16.1 euro today
€10 euro in 1977 €32.2 euro today
€50 euro in 1977 €161.02 euro today
€100 euro in 1977 €322.03 euro today
€500 euro in 1977 €1,610.17 euro today
€1,000 euro in 1977 €3,220.34 euro today
€5,000 euro in 1977 €16,101.71 euro today
€10,000 euro in 1977 €32,203.43 euro today
€50,000 euro in 1977 €161,017.15 euro today
€100,000 euro in 1977 €322,034.3 euro today
€500,000 euro in 1977 €1,610,171.48 euro today
€1,000,000 euro in 1977 €3,220,342.96 euro today

Value of Euro in time (by year)

Period Value
1977 100
1978 104.33
1979 107.85
1980 114.31
1981 122.3
1982 132.14
1983 145.91
1984 157.62
1985 164.06
1986 170.85
1987 168.42
1988 169.52
1989 172.77
1990 179.53
1991 186.27
1992 191.13
1993 196.66
1994 203.77
1995 207.86
1996 210.48
1997 213.28
1998 216.41
1999 217.28
2000 222.43
2001 230.15
2002 234.11
2003 239.35
2004 244.29
2005 249.55
2006 255.74
2007 261.69
2008 270.48
2009 273.44
2010 278.34
2011 286.05
2012 295.15
2013 302
2014 306.65
2015 304.77
2016 308.1
2017 311.59
2018 315.81
2019 321.7
Today 322.03